By Gary Shapiro
The United States appears on a downward slide. Our govt spends an excessive amount of; our economic system creates too little; and we are not getting ready our youngsters to compete in an international industry. but our legislators - Republican and Democrat alike - simply do not get it. whereas once-great towns fall into decay, Washington flourishes, dwelling off the labor and tax cash of the non-public quarter. it is time for an American comeback -- and it begins with innovation. all through its heritage, America's nice innovators were the drivers of our unsurpassed financial luck. American innovation reworked a rustic of ragtag farmers into the epicenter of the world's technological growth. Innovation creates jobs, markets, and new industries the place none existed earlier than. most significantly, innovation strikes us ahead as a state, pushing us to be triumphant and attempt for a greater the next day. briefly, innovation is the yankee Dream. within the Comeback, Gary Shapiro indicates us the best way to go back innovation to its rightful position on the middle of America's fiscal coverage. The Comeback is a brand new blueprint for America's good fortune.
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Additional resources for The Comeback: How Innovation Will Restore the American Dream
Example text
By producing our CES trade show and guiding our government policy to foster and encourage innovation, I have had a front row seat in witnessing a technology innovation revolution. I have been privileged to see innovations that have changed the world, created millions of new jobs, and transformed how we receive information, entertainment, and education. It has not always been easy. Technology innovation has also changed other industries, and not in pleasant ways. Innovation breeds progress, but it also destroys.
Also, this burden assumes no further crises, wars, or bailouts of state and local governments over the next ten years—not exactly realistic assumptions. 3 trillion—is if nothing changes at all. 5 trillion, roughly $500 billion per year, would swallow about a third of today’s entire federal budget. The Congressional Budget Office (CBO) says that if we keep on this path, we will raise the federal debt to 90 percent of the nation’s economic output by 2020. How Will Our Huge Annual String of Deficits and Growing Total Debt Affect us?
By producing our CES trade show and guiding our government policy to foster and encourage innovation, I have had a front row seat in witnessing a technology innovation revolution. I have been privileged to see innovations that have changed the world, created millions of new jobs, and transformed how we receive information, entertainment, and education. It has not always been easy. Technology innovation has also changed other industries, and not in pleasant ways. Innovation breeds progress, but it also destroys.